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Ted Butler: CFTC acts against concentrated positions

Section: Daily Dispatches

2:22p ET Thursday, August 20, 2009

Dear Friend of GATA and Gold (and Silver):

Silver market analyst Ted Butler reports that the U.S. Commodity Futures Trading Commission has just revoked some exemptions to position limits in wheat, corn, and soybean futures, thereby guarding against concentrated positions in those commodities. Butler sees this as hopeful for action against the concentrated positions in the silver futures market. Butler's report is headlined "Walking the Walk" and you can find at at GoldSeek's companion site, SilverSeek, here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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